Corridor USD → MXN · US dollar to Mexican peso
What does it cost to send US dollars to Mexico?
On 15 October 2026, the most a recipient in Mexico got for 1,000 USD was 18,593.32 MXN via Xoom: a true cost of −8.37 USD (−0.84%) including fee and rate markup. The last of 10 quotes cost 5.62%.
Transfer cost receipt · USD → MXN
Most to the recipient: Xoom transfer service 1d old
- You send
- 1,000.00 USD
- Upfront fee
- 0.00 USD
- Amount converted
- 1,000.00 USD
- Rate given
- 18.5933
- Mid-market when quoted
- 18.4390
- Rate above mid-market inside the rate
- −8.37 USD −0.84%
- True total cost
- −8.37 USD −0.84%
- Recipient gets
- 18,593.32 MXN
Picking the last quote in this ledger (PayPal) instead would leave the recipient 1,191.11 MXN short.
Snapshot indicative quotes retrieved 15 Oct 2026, 14:54 UTC. Quote collected 14 Oct 2026, 14:02 UTC. Source: Wise public comparison data.
Confirm the live quote on xoom.com
Plain link to the provider's official site. No commission.
Every quote for 1,000 USD → MXN
Sorted by what the recipient gets. “True cost” adds the upfront fee to the money lost in the exchange rate versus the mid-market rate at the time each quote was collected.
| Provider | Upfront fee | Rate markup | True cost | Cost % | Recipient gets | vs best |
|---|---|---|---|---|---|---|
| 1. Xoomservice 1d old | 0.00 USD | −0.84% | −8.37 USD | −0.84% | 18,593.32 MXN | best |
| 2. Instaremservice | 0.00 USD | 1.00% | 9.97 USD | 1.00% | 18,255.16 MXN | −338.16 MXN |
| 3. Wiseservice | 12.07 USD | 0.00% | 12.07 USD | 1.21% | 18,212.00 MXN | −381.32 MXN |
| 4. Western Unionservice | 1.99 USD | 1.30% | 15.00 USD | 1.50% | 18,162.43 MXN | −430.89 MXN |
| 5. Remitlyservice | 1.99 USD | 1.43% | 16.28 USD | 1.63% | 18,138.80 MXN | −454.52 MXN |
| 6. WorldRemitservice 2d old | 1.99 USD | 2.31% | 25.00 USD | 2.50% | 17,978.08 MXN | −615.24 MXN |
| 7. Wells Fargobank 2d old | 0.00 USD | 3.00% | 29.99 USD | 3.00% | 17,886.08 MXN | −707.24 MXN |
| 8. OFXservice | 5.00 USD | 2.84% | 33.26 USD | 3.33% | 17,825.64 MXN | −767.68 MXN |
| 9. Chase (US)bank 2d old | 5.00 USD | 2.99% | 34.77 USD | 3.48% | 17,797.85 MXN | −795.47 MXN |
| 10. PayPalservice | 4.99 USD | 5.15% | 56.23 USD | 5.62% | 17,402.21 MXN | −1,191.11 MXN |
Does the cheapest option change with the amount?
| You send | Most to recipient | Best cost | Worst cost | Recipient gets (best) | Gap best vs worst | Quotes |
|---|---|---|---|---|---|---|
| 200 USD | Xoom | −0.83% | 7.52% | 3,718.39 MXN | 307.77 MXN | 10 |
| 1,000 USD | Xoom | −0.84% | 5.62% | 18,593.32 MXN | 1,191.11 MXN | 10 |
| 5,000 USD | Wise | 0.64% | 5.24% | 91,605.51 MXN | 4,245.39 MXN | 10 |
What the USD → MXN numbers show
- The provider that delivers the most changes with the amount: Xoom at 200.00 USD, Xoom at 1,000.00 USD, Wise at 5,000.00 USD. Fixed fees weigh heavily on small transfers; rate margins dominate large ones.
- At 5,000.00 USD, true cost ranged from 0.64% (Wise) to 5.24% (PayPal); the recipient would get 4,245.39 MXN less with the last quote than with the first.
- Banks listed for this corridor averaged 3.24% in true cost at 1,000.00 USD, against 1.99% for non-bank transfer services; on average 93% of the banks' cost sat inside the exchange rate rather than in a stated fee.
- 2 of 10 quotes at 1,000.00 USD charged no upfront fee but priced in a rate markup above 0.5%, so “no fee” did not mean free.
- Xoom quoted a rate above the mid-market rate recorded at collection time (negative markup). That usually reflects a promotional rate or a quote collected at a different moment, so confirm it before relying on it.
How does the quoted mid-market rate compare with the ECB reference?
The European Central Bank reference rate for USD/MXN on 15 October 2026 was 18.5225. The mid-market rate implied by the top quote at its collection time was 18.4390, a difference of −0.45%. ECB rates are published once per working day around 16:00 CET, so they drift from live market rates during the day; RateRunner uses them only as a cross-check, never to rank providers.
Every quote for 200 USD → MXN
| Provider | Upfront fee | Rate markup | True cost | Cost % | Recipient gets | vs best |
|---|---|---|---|---|---|---|
| 1. Xoomservice 1d old | 0.00 USD | −0.83% | −1.66 USD | −0.83% | 3,718.39 MXN | best |
| 2. Instaremservice | 0.00 USD | 1.00% | 1.99 USD | 1.00% | 3,651.03 MXN | −67.36 MXN |
| 3. Western Unionservice | 1.99 USD | 2.00% | 5.96 USD | 2.98% | 3,577.92 MXN | −140.47 MXN |
| 4. Wells Fargobank 2d old | 0.00 USD | 3.00% | 6.00 USD | 3.00% | 3,577.22 MXN | −141.17 MXN |
| 5. WorldRemitservice 2d old | 1.99 USD | 2.31% | 6.55 USD | 3.28% | 3,566.94 MXN | −151.45 MXN |
| 6. Wiseservice | 8.09 USD | 0.00% | 8.09 USD | 4.04% | 3,538.63 MXN | −179.76 MXN |
| 7. Remitlyservice | 1.99 USD | 3.86% | 9.63 USD | 4.81% | 3,510.28 MXN | −208.11 MXN |
| 8. OFXservice | 5.00 USD | 2.84% | 10.54 USD | 5.27% | 3,493.47 MXN | −224.92 MXN |
| 9. Chase (US)bank 2d old | 5.00 USD | 2.99% | 10.83 USD | 5.42% | 3,488.02 MXN | −230.37 MXN |
| 10. PayPalservice | 4.99 USD | 5.15% | 15.03 USD | 7.52% | 3,410.62 MXN | −307.77 MXN |
Every quote for 5,000 USD → MXN
| Provider | Upfront fee | Rate markup | True cost | Cost % | Recipient gets | vs best |
|---|---|---|---|---|---|---|
| 1. Wiseservice | 31.97 USD | 0.00% | 31.97 USD | 0.64% | 91,605.51 MXN | best |
| 2. Xoomservice 1d old | 0.00 USD | 0.79% | 39.32 USD | 0.79% | 91,470.06 MXN | −135.45 MXN |
| 3. Instaremservice | 0.00 USD | 0.94% | 46.86 USD | 0.94% | 91,330.97 MXN | −274.54 MXN |
| 4. Western Unionservice | 1.99 USD | 1.30% | 67.14 USD | 1.34% | 90,956.99 MXN | −648.52 MXN |
| 5. Remitlyservice | 1.99 USD | 1.43% | 73.56 USD | 1.47% | 90,838.69 MXN | −766.82 MXN |
| 6. OFXservice | 0.00 USD | 1.90% | 94.82 USD | 1.90% | 90,446.57 MXN | −1,158.94 MXN |
| 7. WorldRemitservice 2d old | 1.99 USD | 2.31% | 117.21 USD | 2.34% | 90,033.81 MXN | −1,571.70 MXN |
| 8. Chase (US)bank 2d old | 0.00 USD | 2.49% | 124.30 USD | 2.49% | 89,902.97 MXN | −1,702.54 MXN |
| 9. Wells Fargobank 2d old | 0.00 USD | 2.96% | 148.21 USD | 2.96% | 89,462.07 MXN | −2,143.44 MXN |
| 10. PayPalservice | 4.99 USD | 5.15% | 262.21 USD | 5.24% | 87,360.12 MXN | −4,245.39 MXN |
What to check before paying out in Mexico
Bank deposits in Mexico normally arrive through SPEI, the Bank of Mexico’s real-time interbank system, and need the recipient’s 18-digit CLABE account number. Cash pickup is widely offered but is a different product with its own pricing. Source: Banco de México: SPEI.
Read next
- Cash pickup or bank deposit: which is cheaper and safer?
- How do exchange-rate markups work, and how big are they?
- What is the mid-market rate and where can you check it?
- How long does an international money transfer take?
- What is the cheapest way to send money to Mexico?
- Check the hidden markup on a rate you were offered
- How RateRunner calculates true cost
Questions people ask
- Which provider gave the most for 1,000 USD sent to Mexico?
- Xoom, with 18,593.32 MXN delivered, in the snapshot retrieved 15 Oct 2026, 14:54 UTC. Its upfront fee was 0.00 USD and its rate markup −0.84%.
- How much of the cost of sending USD to MXN is hidden in the exchange rate?
- For the 10 quotes on 1,000 USD, rate markups ranged from −0.84% to 5.15% of the amount converted. 2 quotes charged no upfront fee but still had a markup above 0.5%.
- How current are these USD to MXN quotes?
- RateRunner retrieved them on 15 Oct 2026, 14:54 UTC. Each provider quote also carries its own collection time, shown in the tables, and quotes older than 24 hours are flagged. They are indicative; the price you are offered at checkout can differ.
Related corridors
Sources
- Indicative provider quotes: Wise public comparison data (retrieved 15 Oct 2026, 14:54 UTC). Wise collects quotes from listed banks and services and is itself listed.
- Reference rate: European Central Bank euro reference rates via Frankfurter (15 October 2026).
- Raw data for this page: usd-to-mxn.json